High value investment in glass fibre mat production development

AS “VALMIERAS STIKLA ŠĶIEDRA” concluded the contract Nr. L-APV-14-0122 with the state agency „Investment and Development Agency of Latvia” (LIAA) on project “Valmiera glass fiber high-value investment in glass fiber felt production development” implementation with the financial intensity 45% of attributable costs or EUR 900 000.00, including EUR 761 185.30 European Regional Development Fund co-financing (85% of the support), with EUR 138 814.70 state budget co-financing (85% of the support).

The project is implemented in accordance with the European Regional Development Fund co-financing. The implementation of the project was launched on the 11th of July, 2014, and will be concluded on the 11th of September, 2015.